MERX HEALTHCARE Formulation and Development Manager Salaries by 4 Employees (Updated 2024)

13 - 16 years exp.

₹14 Lakhs - ₹16.5 Lakhs

Salary of majority employees

10% more than the average Formulation and Development Manager Salary for 13 - 16 years of experience

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Last Updated: 18 Jun 2024

Companies similar to MERX HEALTHCARE for Formulation and Development Manager

Company name	Avg Annual Salary	Open Jobs
ZIM Laboratories Formulation and Development Manager Salary 11 - 14 years exp. (4 salaries)	₹15 L/yr - ₹21.4 L/yr 15% more
Sri Krishna Pharmaceuticals Formulation and Development Manager Salary 8 - 9 years exp. (4 salaries)	₹13.5 L/yr - ₹14.9 L/yr 4% less
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J.Duncan Formulation and Development Manager Salary 14 - 17 years exp. (4 salaries)	₹13 L/yr - ₹14.8 L/yr 6% less
Franco-Indian Pharmaceuticals Formulation and Development Manager Salary 14 - 17 years exp. (4 salaries)	₹12.6 L/yr - ₹15 L/yr 9% less
Raptakos Brett and Company Formulation and Development Manager Salary 16 - 18 years exp. (3 salaries)	₹16.6 L/yr - ₹18.5 L/yr 18% more

Formulation and Development Manager salary at MERX HEALTHCARE ranges between ₹14 Lakhs to ₹16.5 Lakhs per year for employees with experience between 13 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of MERX HEALTHCARE.

Experience wise MERX HEALTHCARE Formulation and Development Manager salaries

Last Updated: 18 Jun 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
14 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
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15+ years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.1 L/yr

Similar Designation salaries in MERX HEALTHCARE

Analyst Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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MERX HEALTHCARE Formulation and Development Manager Salary FAQs

What is the salary of Formulation and Development Manager at MERX HEALTHCARE?

Formulation and Development Manager salary at MERX HEALTHCARE in India ranges between ₹14.0 Lakhs to ₹16.5 Lakhs for experience between 13 years to 16 years. According to our estimates it is 10% more than the average Formulation and Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of MERX HEALTHCARE India.

How does the salary of a Formulation and Development Manager at MERX HEALTHCARE India compare with the average salary range for this job?

The average salary of a Formulation and Development Manager at MERX HEALTHCARE is 10% more than the average salary of a Formulation and Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than MERX HEALTHCARE to a Formulation and Development Manager in India?

Raptakos Brett and Company Formulation and Development Manager Salary - ₹16.6 Lakhs to ₹18.5 Lakhs per year
ZIM Laboratories Formulation and Development Manager Salary - ₹15.0 Lakhs to ₹21.4 Lakhs per year

What is the salary of a Formulation and Development Manager in companies similar to MERX HEALTHCARE in India?

Sri Krishna Pharmaceuticals Formulation and Development Manager Salary - ₹13.5 Lakhs to ₹14.9 Lakhs per year
J.Duncan Formulation and Development Manager Salary - ₹13.0 Lakhs to ₹14.8 Lakhs per year
Franco-Indian Pharmaceuticals Formulation and Development Manager Salary - ₹12.6 Lakhs to ₹15.0 Lakhs per year

What is the estimated take home salary of a Formulation and Development Manager at MERX HEALTHCARE in India?

The estimated take-home salary of a Formulation and Development Manager at MERX HEALTHCARE ranges between ₹1,04,120 per month to ₹1,06,975 per month in India. The take-home salary calculation is based on the average MERX HEALTHCARE Formulation and Development Manager salary in India which ranges between ₹14.0 Lakhs to ₹16.5 Lakhs per year for employees with experience between 13 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Formulation and Development Manager at MERX HEALTHCARE?

According to AmbitionBox, 100% of the MERX HEALTHCARE Formulation and Development Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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MERX HEALTHCARE Formulation and Development Manager Salaries

MERX HEALTHCARE Formulation and Development Manager salary in India ranges between ₹14 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MERX HEALTHCARE latest salaries received from various employees of MERX HEALTHCARE.